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Oct 9, 2012
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. >>> controlling the deficit is one of the key issues of campaign 2012. this week, a group of bipartisan senators is meeting in virginia to try to keep the nation from falling off the so called fiscal cliff. the group of eight senators, four republicans and four democrats, is expected to meet for three days to try and reach a deficit reduction proposal that's acceptable to congress and the president. the fiscal cliff refers to budget control measures scheduled to take effect at year's end, including tax increases and spending cuts. >>> today attack now on the u.s. consulate in libya. one of the men responsible for u.s. diplomats in libya said he knew there were security issues there long before the deadly attack in benghazi. he's scheduled to testify tomorrow. sheryl atkinson has his story. >> reporter: lieutenant colonel andrew wood last set foot in libya in february to elite a security team with expertise in counterterrorism. from the moment he arrived, he says he saw chaos. >> shooting instances occurred. many instances involving the local security gua
. >>> controlling the deficit is one of the key issues of campaign 2012. this week, a group of bipartisan senators is meeting in virginia to try to keep the nation from falling off the so called fiscal cliff. the group of eight senators, four republicans and four democrats, is expected to meet for three days to try and reach a deficit reduction proposal that's acceptable to congress and the president. the fiscal cliff refers to budget control measures scheduled to take effect at year's...
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Oct 10, 2012
10/12
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bird.... 3 (30:48)we didn'' know bbggbird was driving the federal deficit........ere at a baltimore radio stttion...... (nats oo ad)its a campaign prrsiiential election boiled down to whether or not you're for big bird or noo......obama for america v released this ccmpaign ad.....using big bird to mock mitt romneyyfor proposiig funding cuts to pbs during last week's debate.....hoping to reduce the nations trillion dollar deficit.......(31:44)while we are talkinggabout 20 percent of the budget which is where the pbs money is in 80 percent of the budget is dealing with medicare.....social security...ddfense...we don't &ptalk about the big parts that's my wholl point..... (nats......hold for about 10 sec)(10:07)what this add really says abbut the voters psshow simple the voters are....john dede a pplitical people get connused by dodd frann people get confused by financial regulation reforn but big bird everyone understands...... romney also added during the debate........even though he would cut funding to pbs.......he added....."i like pbs.....i like big birr"... loser offlast week's debate
bird.... 3 (30:48)we didn'' know bbggbird was driving the federal deficit........ere at a baltimore radio stttion...... (nats oo ad)its a campaign prrsiiential election boiled down to whether or not you're for big bird or noo......obama for america v released this ccmpaign ad.....using big bird to mock mitt romneyyfor proposiig funding cuts to pbs during last week's debate.....hoping to reduce the nations trillion dollar deficit.......(31:44)while we are talkinggabout 20 percent of the budget...
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Oct 8, 2012
10/12
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an 18 point halftime deficit and stunned the packers. chuck pagano is being treated for leukemia. >> you're doing great. >> eagles and steelers in pittsburgh. michael vick coughed up a fumble on the one yard line. steelers recover. philadelphia would have the lead late in the fourth. pittsburgh kicks the go ahead field goal to win it 16-14. scary play for redskins fans. robert griffin iii trying to make something happen. he scrambles up the sideline. gets hit. griffin is slow to get up. he's taken out of the game and would not return. official diagnosis is a concussion. no word yet on if he'll play next week. the game with 2:50 left to play. michael turner gets the handoff and runs it 13 yards for the score. that would be the final. falcons win 24-17. they improve to 5-0. >>> and a showdown between two of the best quarterbacks of this generation. tom brady, mr. pretty, and peyton manning facing off in foxborough. manning looks sharp rmt here he hits his tight end from one yard. peyton has three tds and no interceptions. the patriots' run
an 18 point halftime deficit and stunned the packers. chuck pagano is being treated for leukemia. >> you're doing great. >> eagles and steelers in pittsburgh. michael vick coughed up a fumble on the one yard line. steelers recover. philadelphia would have the lead late in the fourth. pittsburgh kicks the go ahead field goal to win it 16-14. scary play for redskins fans. robert griffin iii trying to make something happen. he scrambles up the sideline. gets hit. griffin is slow to get...
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Oct 9, 2012
10/12
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KRON
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most of the economickest who crunched the number said the plan would blow up the deficit or raise taxes on the middle class. one or the other. that is how math works. >> the visit brought out a few protesters and lots of supporters. kron 4's reggie kumar is live near the bill graham civic auditorium with more tonight. >> reporter: the president left bill graham civic auditorium an hour ago. he spoke 22 minutes. those who attended loved every minute of it. >> reporter: this is president obama leaving monday night's night's fundraiser at the bill graham civic auditorium. tickets range from $22 to $100 which included a concert. >> he talked about his plans for the future, you know, finishing what we started, ending the war, making it better for americans. >> how was it? >> it was great to see him. this is the first time i have seen a president. >> i am on cloud 9. so -- >> reporter: [ inaudible question ] >> i did. $100 and you got to stand. so standing room. i looked back in the nose bleed section, they had to pay a thousand dollars. >> reporter: before the event thousands of marijuana su
most of the economickest who crunched the number said the plan would blow up the deficit or raise taxes on the middle class. one or the other. that is how math works. >> the visit brought out a few protesters and lots of supporters. kron 4's reggie kumar is live near the bill graham civic auditorium with more tonight. >> reporter: the president left bill graham civic auditorium an hour ago. he spoke 22 minutes. those who attended loved every minute of it. >> reporter: this is...
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Oct 14, 2012
10/12
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WTTG
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the deficit was 4. j.c. coleman, he would go untouched. 45 yards for that score. coleman adds an 86-yard touchdown run. virginia tech rallied from 20- 0. they beat duke 41-20. >> don't go away, because coming up, rg3, he was knocked out of last weekend's game, but will he make a comeback against the vikings tomorrow? we'll hear from robert coming up next. stay with us. are you ready ? share everything by turning your smartphone into a mobile hotspot for up to 8 wifi-enabled devices at no extra charge. like the new droid razr m by motorola only $99.99. >>> welcome back. the redskins have a big job tomorrow, to snap a home losing skid. he has been listed officially as questionable to play. even though it does appear he will be a go against the vikings. and griffin was limited in wednesday's practice, but took more of a workload thursday and friday. griffin spoke with the media on wednesday. he said he expects to play, teammates have said he seems like his normal self. griffin reported no concussion- like symptoms after practices this week. maybe next time around, rg
the deficit was 4. j.c. coleman, he would go untouched. 45 yards for that score. coleman adds an 86-yard touchdown run. virginia tech rallied from 20- 0. they beat duke 41-20. >> don't go away, because coming up, rg3, he was knocked out of last weekend's game, but will he make a comeback against the vikings tomorrow? we'll hear from robert coming up next. stay with us. are you ready ? share everything by turning your smartphone into a mobile hotspot for up to 8 wifi-enabled devices at no...
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Oct 12, 2012
10/12
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WTTG
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. better phone, better internet. it was like somebody like took our computer, shook all the junk out of it. we're actually getting more for our money with fios. [ male announcer ] it's time to get more for your money. upgrade to verizon fios internet, tv and phone with our best price online. just $84.99 a month, guaranteed for one year with no annual contract. there's at least three computers. [ girl 1 ] a tablet. [ woman 1 ] couple of gaming systems. we could all be running at the same time. we do not notice any dips. [ male announcer ] get tv rated #1 in customer satisfaction. and get the school year off to a great start with america's fastest, most consistent a
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. better phone, better internet. it was like somebody like took our computer, shook all the junk out of it. we're...
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Oct 12, 2012
10/12
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FOXNEWSW
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federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what does it show? [ male ann] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. c
federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what...
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Oct 12, 2012
10/12
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. [ mamale announcer ] we the people, the middle class who move our country forward, work hard raise families, and keep america strong. but mitt romney's budget plan will hurt the middle class, raising taxes on the average family by up to $2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >> i could pretty much guarantee you will never see a scene like this again. a picture that will never be repeated. a space shuttle rolling through an urban setting. this is kind of a tight the deal. but
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. [ mamale announcer ] we the people, the middle class who move our country forward, work hard raise families, and...
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Oct 12, 2012
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. >> despite yearly budget deficits, those costs continue to go up. jane bode miller has more on what she has uncovered. -- jayne miller has more on what she has uncovered. >> former mayor stephanie rawlings lake has quite the entourage as she travels around. she is protected wherever she goes by city police officers whose sole duty is to provide the mayor with executive protection. it all comes with the cost. for the last fiscal year, over time alone was $103,765. that was substantially higher than the overtime cost for fiscal year 2011, which came in at $69,823. one big reason, the unit got bigger. it grew from six officers the previous year to seven officers now. they also travel with her out of town. that added another $7,700 in the last fiscal year. take that plus overtime cost plus minimal series of the officers, and it is enough to cover the starting salaries of 10 police officers. executive protection is provided to the police commissioner, even though the commissioner carries a gun. two officers assigned to protect outgoing commissioner fred
. >> despite yearly budget deficits, those costs continue to go up. jane bode miller has more on what she has uncovered. -- jayne miller has more on what she has uncovered. >> former mayor stephanie rawlings lake has quite the entourage as she travels around. she is protected wherever she goes by city police officers whose sole duty is to provide the mayor with executive protection. it all comes with the cost. for the last fiscal year, over time alone was $103,765. that was...
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Oct 12, 2012
10/12
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WJLA
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollalar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. [ female announcer ] it's one of the hardest decisions a faly can make... realizing a nursing home is the only choice. for many middle class families medicaid is the only way to afford the care. but as a governor, mitt romney raised nursing home fees eight times. and as president, hibudget cuts medicaid by one ohird d burdens families withh the cost of f nursing home care. we have a president who won't let that happen. [ obama ] i'm barack obama and i approved this message. >> the space shuttle endeavor is now on its way to its home, making a slow road trip from anger and los angeles to the california science museum where it will be put on display. it has to cr
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollalar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. [ female announcer ] it's one of the hardest decisions a faly can make... realizing a nursing home is the only...
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Oct 9, 2012
10/12
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WBAL
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just over 25 inches for the year and we're running a deficit of over 7 inches. the high today, 15 degrees below the average of 69. the record low below freezing in 2001. it is chilly and 53 at the inner harbor. at the eastern shore, temperatures are cool. we're running into the low 50's. there you see the cold producing this out today in the mountains. 34 in oakland. there are freeze warnings in effect for the western sliver of allegheny county and into the mountains of west virginia. we will stay here, mainly cloudy and a chance of a brief sprinkle. this weather disturbances in the upper levels of the atmosphere. it is moving east and it will take the showers offshore. we may get a break for two in the clouds before the next front roles in wednesday afternoon. there will be important for the orioles heading of i-95 to new york. a few breaks in the cloud cover. temperatures will recover. here comes the next front and there are some showers in the catskills west of new york at 7. we should clear out most of the mid-atlantic and northeast going into thursday. for
just over 25 inches for the year and we're running a deficit of over 7 inches. the high today, 15 degrees below the average of 69. the record low below freezing in 2001. it is chilly and 53 at the inner harbor. at the eastern shore, temperatures are cool. we're running into the low 50's. there you see the cold producing this out today in the mountains. 34 in oakland. there are freeze warnings in effect for the western sliver of allegheny county and into the mountains of west virginia. we will...
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Oct 8, 2012
10/12
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anddspeaking of fdr, no president ince him was left bigger job llsses, deficits and more wars han er - presiient obama, was, by the failed policies of george w. bush, which resulted in directly, the grratest job losses since fdr. thhs is not easy anddit s hard work but we are moving forward. ayotte says: "hey, chris, let's talk abouu, though, his policies. of course, we didn't hear in the hour andd25 minutes of debate anything about the stimulus package, because if you look at the governor ddscribed it, they represented below 6 percent uneeployment right now, after the first two years and the policiis that this president put into place, actually made it worse. including the fact that obamacare is actuullyy-- you ask small employers, ii is ccusing thhm ot to hire because f rising healthcare co" cost." the nnxt debate between the presidentiil candidates will take place on tuesday october 16-th. 3for the 1-st time in 8 years representatives from the wweel of fortuneegame show came to marrland looking for contestant. pontestants.------people shouting wheel of fortune------- fortune------
anddspeaking of fdr, no president ince him was left bigger job llsses, deficits and more wars han er - presiient obama, was, by the failed policies of george w. bush, which resulted in directly, the grratest job losses since fdr. thhs is not easy anddit s hard work but we are moving forward. ayotte says: "hey, chris, let's talk abouu, though, his policies. of course, we didn't hear in the hour andd25 minutes of debate anything about the stimulus package, because if you look at the governor...
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Oct 11, 2012
10/12
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no team has ever come back from an 0-2 deficit by winning three game on the road. the giants have a chance to do it tonight. the reds still have not won a play-off game, a home play-off game in 17 years. nats hosting the cardinals in game three. second inning, cardinals up one. edwin jackson for a three run home run. cardinals win 8-0. st. louis leads that series 2-1. they can put the nats away today. all eight teams on the field. giants and reds play game five at 1:00 eastern time today. followed by the nats and cards at 4:00. yankees and close it out against the os and tigers and as all or nothing for those two teams in oakland tonight. >>> well in cycling, the legacy of lance armstrong took another substantial hit yesterday. the u.s. anti-doping agency released 1,000 pages of what it called overwhelming evidence against armstrong and his former cycling team regarding doping charges. 11 of armstrong's former teammates testified against him claiming armstrong not only participated himself in doping but demanded his teammates follow his lead or leave the team. ceo
no team has ever come back from an 0-2 deficit by winning three game on the road. the giants have a chance to do it tonight. the reds still have not won a play-off game, a home play-off game in 17 years. nats hosting the cardinals in game three. second inning, cardinals up one. edwin jackson for a three run home run. cardinals win 8-0. st. louis leads that series 2-1. they can put the nats away today. all eight teams on the field. giants and reds play game five at 1:00 eastern time today....
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Oct 12, 2012
10/12
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i asked more questions like why was it with a trillion dollar deficit, he found it in his -- in his heart to put $90 billion into green energy companies that in many cases were contributors to his campaign. at least the owners of those businesses were. and why was it with what he had promised during his campaign, that health insurance premiums he would bring down by $2,500 a year, instead they went up by $2,500 a year. you know, i know we've heard his answers over the campaign. had he says look you can't fix washington from the inside, only do it from the outside. we're going to give him that chance, all right. >> that was mitt romney at a rally in richmond, virginia, karen finney some sharp words. >> not unexpected. >> not unexpected at all. >> i'll start first with benghazi, which we didn't talk about earlier and which we will talk about now. mitt romney clearly sees an opening here, foreign policy wise to hit the president. said that president is doubling down on denial in his remarks just a moment ago. let's talk about how the vice president handled that last night. let's play actuall
i asked more questions like why was it with a trillion dollar deficit, he found it in his -- in his heart to put $90 billion into green energy companies that in many cases were contributors to his campaign. at least the owners of those businesses were. and why was it with what he had promised during his campaign, that health insurance premiums he would bring down by $2,500 a year, instead they went up by $2,500 a year. you know, i know we've heard his answers over the campaign. had he says look...
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Oct 12, 2012
10/12
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WTTG
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obama's four deficits are the four largest in us history. hes adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. >>> fox 5 health alert now. a medical examiner says a man is dead. an autopsy confirms 47-year-old douglas winngate died last month after receiving a spinal injection connected to that nationwide outbreak. at least 184 people were made sick. >>> a minnesota woman is the first to file a lawsuit in connection with the outbreak. the woman is suing the maker of the steroid after she was given an injection for back pain and experienced symptoms consistent with fungal meningitis. she has been tested and waiting for the results. it is estimated nearly 14,000 patients have been given the tainted injections and could be at risk for developing the rare form of fungal menin
obama's four deficits are the four largest in us history. hes adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. >>> fox 5 health alert now. a medical examiner says a man is dead. an autopsy confirms 47-year-old...
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the deficit then was nearly as big and that deficit was almost erased. how did roosevelt do that? created social security and levied heavier taxes, programs for housing and agriculture, put new controls over banks, public utilities and created enormous work relief programs for the unemployed. sounds similar to the president's proposals today, but unlike the last four years fdr saw the unemployment drop, millions of jobs created, gdp jumped, the deficit shrank and the middle class saw a huge expansion that lasted for decades, a building of the middle class that's the envy of the world or used to be. peter, peter morici, can this feat of rebuilding the middle class and reducing the deficit, can that happen again? >> absolutely, but we have to remember that roosevelt inherited a very small government, so expanding it wasn't the rock on the back of the private sector. a more comparable situation was reag reagan's dilemma, inherited an economy with double digit inflation and interest rates and unemployment that peaked at 10.8%, not 10 as mr. obama's did, but hy he took his stimulus in
the deficit then was nearly as big and that deficit was almost erased. how did roosevelt do that? created social security and levied heavier taxes, programs for housing and agriculture, put new controls over banks, public utilities and created enormous work relief programs for the unemployed. sounds similar to the president's proposals today, but unlike the last four years fdr saw the unemployment drop, millions of jobs created, gdp jumped, the deficit shrank and the middle class saw a huge...
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Oct 11, 2012
10/12
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WBAL
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. >> and despite budget deficits, those costs are going up. >> many large jurisdictions offer no such benefit to top officials, but despite a declining population and ever- growing budget pressure, the city not only keeps executive protection in place. it allows it to grow. >> good morning. >> baltimore mayor stephanie rawlings-blake has quite the on to rosh. she arrives in a city suv. -- has quite the entourage. she is protected by city police officers whose sole duty is to provide executive protection. it all comes at a cost. for the last year, over time alone was $103,750. substantially higher than the cost for fiscal year 2011. one big reason? the unit got bigger. it grew from three officers to seven officers. the mayor's security troubles with her out of time. that added another $7,700 the last fiscal year. take that plus the overtime costs and the minimum salaries -- the overall cost is enough to cover the starting salaries of 10 police officers. executive protection is also provided to the police commissioner, even though the commissioner carries a drug. two officers made $36,0
. >> and despite budget deficits, those costs are going up. >> many large jurisdictions offer no such benefit to top officials, but despite a declining population and ever- growing budget pressure, the city not only keeps executive protection in place. it allows it to grow. >> good morning. >> baltimore mayor stephanie rawlings-blake has quite the on to rosh. she arrives in a city suv. -- has quite the entourage. she is protected by city police officers whose sole duty...
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Oct 8, 2012
10/12
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WTTG
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> welcome back. stocks get a bounce from friday's jobs report but this week could be tough for investors. lauren simonetti has this morning's business beat. good morning to you. happy monday. >> hello. happy monday, wisdom. >> let's talk about the jobs numbers and the impact they had friday on the markets. >> it was a mixed report. yes, the unemployment rate fell to 7.8% but with the two different surveys, the numbers were volatile and confusing for many. this is open to interpretation. for last week, really strong week for stocks. the dow industrials are going to open today, this columbus day, stock markets are open, bond markets are closed. they will open at a five-year high. that is the problem. many people are saying the fuel that has lifted this rally thanks to the fed and other things is about to come crashing down. futures this morning or down 50 points on the dow. >> also, investors are bracing fo
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> welcome back. stocks get a bounce from friday's jobs report but this week could be tough for investors. lauren simonetti has this morning's business beat. good morning to you. happy monday. >> hello. happy monday, wisdom. >> let's talk about the jobs numbers and the impact they had friday on...
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Oct 14, 2012
10/12
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WTTG
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. . >>> we are checking out three movies in this week's buzz binn. kevin mccarthy is excited about all three. one is a horror flick that has left him shaken. and as he tells us, another is an historical event, another that became declassified. >>> joining us to talk about all things movies, kevin mccarthy. >> it's a great movie week, every movie is interesting. >> let's start off talking about ben affleck and his movie, "argo." >> what a story. this story took place in 1980. it wasn't declassified until bill clinton in 1997. the fact they had to keep this secret for 27 years, obviously this takes place based on a true story at the height of the iranian revolution.
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. . >>> we are checking out three movies in this week's buzz binn. kevin mccarthy is excited about all...
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Oct 11, 2012
10/12
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MSNBCW
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now, what's interesting about the budget deficit is where it actually comes from. i think a lot of people presume that the stimulus is responsible for most of that. and in fact, it's not true. if you look at our deficit and our debt, the debt number between 2001 and 2010 has gone way, way up. 17% of that is the bush tax cuts. about 12%, 13% of that are the wars in iraq and afghanistan. the stimulus is responsible for 7%. >> okay. so over the past four years, though, we've had trillion-dollar deficits. >> yep. >> all four years. what's the cause of that? >> well, the cause of that is clearly stimulus spending but also a lack of revenue. the revenue numbers that we had projected were much, much greater. you know, unemployment is responsible for that. lower taxes are responsible for that. and the obama administration has lowered taxes consistently. it's brought in less revenue. >> let's look at the question about the dow jones average. it's fascinating. this president has been seen as being hostile to wall street. wall street believes that wall street has been treated
now, what's interesting about the budget deficit is where it actually comes from. i think a lot of people presume that the stimulus is responsible for most of that. and in fact, it's not true. if you look at our deficit and our debt, the debt number between 2001 and 2010 has gone way, way up. 17% of that is the bush tax cuts. about 12%, 13% of that are the wars in iraq and afghanistan. the stimulus is responsible for 7%. >> okay. so over the past four years, though, we've had...
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Oct 7, 2012
10/12
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FOXNEWS
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you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you said it in 2010, you said, i am going to extend the tax policies i have. i am not going to raise taxes because when the economy's slow and we are in recession, you shouldn't raise taxes on anyone. the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you
you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you...
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for example, he said that obama doubled the deficit. he didn't. he brought the deficit down. he said that obama -- >> $5 trillion worth of deficits? >> first 1. 2, 5 trillion in th deficit disorder. >> the president said he would cut the deaf set in half. unfortunately he doubled it. trillion dollar deficits for the last four years. the president's put in place as much public debt, almost as much debt held by the public as all prior presidents combined. >> when i walked in the oval office, i had more than a trillion dollar deficit greeting me, and we know where it came from. two wars that were paid for on a credit card, two tax cuts that were not paid for, and a whole bunch of programs that were not paid and then a massive economic crisis. >> question. president obama's gambit has been to blame his predecessor bush for his $4 trillion deficit. why didn't that pay off, pat? >> frankly, president bush is an argument that obama has used which has been somewhat effective, that he inherited a very tough situation. >> he knew what he was inheriting. >> but he didn't mention bush's
for example, he said that obama doubled the deficit. he didn't. he brought the deficit down. he said that obama -- >> $5 trillion worth of deficits? >> first 1. 2, 5 trillion in th deficit disorder. >> the president said he would cut the deaf set in half. unfortunately he doubled it. trillion dollar deficits for the last four years. the president's put in place as much public debt, almost as much debt held by the public as all prior presidents combined. >> when i walked...
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one is deficit reduction, one is tax cuts. cuts ie w we'll do deficit reduction. gwen: there's anoth numbe $716 million to deal with medicare but it's coming from different places and going to different places and trefore th fin - of de u in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. win.thought romney was
one is deficit reduction, one is tax cuts. cuts ie w we'll do deficit reduction. gwen: there's anoth numbe $716 million to deal with medicare but it's coming from different places and going to different places and trefore th fin - of de u in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers....
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>> obamacare ads trillions to our deficits and to our national debt. i will repeal obamacare. >> jon: all right. that's something. and while the statement "obamacare adds trillions to our deficit and to our national debt" is a lie! (laughter) it's a complete lie. (laughter) the point is it's going. we have an immoral debt. while covering people with pre-existing conditions and keeping people on their parent's health insurance is popular, cuts have to be made. >> there are a number of things that i like in health care reform. one is to make sure that those with pre-existing conditions can get coverage. two is to assure that the marketplace allows for individuals to have policies that cover their family up to whatever age they might like. >> jon: so you're repealing obamacare but you're keeping the good parts of health care, social security, and medicare for current seniors and you're going to keep the employment and you're going to cut taxes by 20% and build more submarines and destroyers that the pentagon doesn't want and tackle our immoral debt and de
>> obamacare ads trillions to our deficits and to our national debt. i will repeal obamacare. >> jon: all right. that's something. and while the statement "obamacare adds trillions to our deficit and to our national debt" is a lie! (laughter) it's a complete lie. (laughter) the point is it's going. we have an immoral debt. while covering people with pre-existing conditions and keeping people on their parent's health insurance is popular, cuts have to be made. >>...
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Oct 12, 2012
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. >>> a former bus driver convicted of intentionally driving into a build is gettingied for learn her fate. theresa douglas drove her bus through the employee lounge at the accokeek school bus lost in december. she had posted on facebook she was done fighting and talking and ready to go to jail. >>> also making headline this morning a 4 engineered montgomery county boy lucky to an life after falling nearly 90 feet from an apartment window. this happened at the park montgomery comfort plex in -- complex last night. police are investigating if he was being watched or home alone at the time. incredibly, police say the boy was alert and talking in the ambulance. >>> a
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. >>> a former bus driver convicted of intentionally driving into a build is gettingied for learn her...
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Oct 13, 2012
10/12
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CNN
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finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society. he wants to do that by the end 6 his first term. right now government spending is at 25% of gdp. let's shed some more light on what romney's america would look like. kevin hassette is an economic adviser for mitt romney. stevon moore is an editorial writer for "the wall street journal." my good friend christine romans is the host of "your bottom line" right here on cnn. folks, no party or ideological spin today, no using the name obama or the term democrat. pain the me a picture of what the world looks like under romney four years from
finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society....
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Oct 7, 2012
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our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to take, in order to do that. but, the fact of the matter is, the president because he has the responsibility of office, has been specific about what he proposes and mitt romney tells us, to trust him, with his plan, it is hiding behind door number 3, with carol merrill and his undisclosed tax returns. >> you know... really, the lines are great, but, chris, the bottom line is this: his budget, tax increase on i don't believe creators, budget gimmicks, and, brings us to $25 trillion in debt over ten years. in fact, this president has
our surplus, into a huge deficit. so, in paying the deficit down, you should score the fact that we are coming out of iraq and afghanistan. and, the other thing that the president has proposed and understands, is, that we cannot cut our way to prosperity. we need a balanced approach. and, growing our economy, by doing things like the senator does, like restructuring the auto industry, in order to put people back to work, and make manufacturing jobs grow, is one of the actions that we need to...
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you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the unemployment rate dropped below 8% from 8.1%, to 7.8%, the lowest since he took office. jonathan martin was on the ground for the debate in denver. you say romney took the debate stage with the top republican verging on panic. did this turnaround for them? >> they are backing away from the edge. there is no question that this was a make or break moment for governor romney. if he had not shown up like he did in denver, you would have seen a really ugly scene here. a lot of folks in his party would have backed away from him. this puts him back in the game, it restores confidence among other people running for the house and senate this year who are now happy to be seen with him. it gives them a real boost when they desperately need it. he still has problems and a lot of swing states. this puts them
you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the unemployment rate dropped below 8% from 8.1%, to 7.8%, the lowest since he took office. jonathan martin was on the ground for the debate in denver. you say romney took the debate stage with the top republican verging on panic. did this turnaround for...
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but also revenue for folks who are doing very well to help reduce the deficit. because if you don't have one penny more from very wealthy people it means you sock it to everybody else. seniors on medicare pay more. less investment in our kids' education. and that's exactly the romney/ryan budget does. itzhaks it to the middle class and seniors, in order to give these tax breaks to very wealthy people. >> what do you think of the job martha raddatz did? >> i think she did a very good job. never made herself the center of the debate. >> she started off very strong with benghazi. want to play a little bit about what the vice president said about security in benghazi. >> well, we weren't told we want more security. we did not know they wanted more security. >> explain that to me. a lot of the testimony was, in fact, the, the, the government did know. that, that, that the state department was well aware that there were requests for security. doesn't that completely contradict exactly what we just saw in i think it was wednesday's testimony? >> what the vice president
but also revenue for folks who are doing very well to help reduce the deficit. because if you don't have one penny more from very wealthy people it means you sock it to everybody else. seniors on medicare pay more. less investment in our kids' education. and that's exactly the romney/ryan budget does. itzhaks it to the middle class and seniors, in order to give these tax breaks to very wealthy people. >> what do you think of the job martha raddatz did? >> i think she did a very good...
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he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been ". ." we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> what did you think, jonathan? >> you talk to a lot of folks in the romney campaign and they say joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say the last 10 years, and it came out wrong. this is fodder for the obama campaign. it will not change, i do not think, in a huge way, the course of events, buthere is no question the obama campaign folks, every time biden is out there, they are nervous about what he i
he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been "....
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Oct 13, 2012
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but came back from a 6 nothing deficit. we look 6 nothing deficit. we look ahead to the nlc then don't miss sleep train's wbest rest event.st ever? you'll find sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. get your best rest ever from sleep train. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >> coming up tonight at 11. latest on breaking news. it was people being rescued right now off a boat in trouble in san francisco bay. also 2 bay area cities targeted by crooks dressed up as city workers. what to watch out for. >> this. took more than 50 years and a lot of obstacle now south bay woman has her college degree. her amazing story and more coming up 7 news at 11:00 over on channel 7. but now the washington p national. >> larry is wrong. >> i'm not projecting the cardinal
but came back from a 6 nothing deficit. we look 6 nothing deficit. we look ahead to the nlc then don't miss sleep train's wbest rest event.st ever? you'll find sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. get your best rest ever from sleep train. superior service, best selection,...
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Oct 6, 2012
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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Oct 14, 2012
10/12
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that means the deficit would rise by $6.7 trillion. it's a good first step, but budget experts say that's still too high. mitt romney, meanwhile, has focused on the cuts. his economic plan, 55% of it cap spending at 20% gdp but his plan avoid cutting from defense. mitt romney says he would approve a balanced budget plan that only spends as much as it takes in, and he would also pursue entitlement reform. mitt romney's issues are taxes. romney's plan called for a 20% tax cut across the board. he said he would balance the loopholes and he said he would take care of the middle class family. but it's impossible to lower rates without taking money from low and middle income families. his plan would leave debt at 85% gdp by the end of the decade. we've been telling you also about the fiscal cliff. budget cuts will take place at the beginning of next year unless congress acts. president obama or president romney will need to worry about a rescisicessionrecession. they won't need to worry about a deficit. it would fall this year if we fell off
that means the deficit would rise by $6.7 trillion. it's a good first step, but budget experts say that's still too high. mitt romney, meanwhile, has focused on the cuts. his economic plan, 55% of it cap spending at 20% gdp but his plan avoid cutting from defense. mitt romney says he would approve a balanced budget plan that only spends as much as it takes in, and he would also pursue entitlement reform. mitt romney's issues are taxes. romney's plan called for a 20% tax cut across the board. he...